Answer:
see below
Explanation:
This transaction is affecting sales. It is increasing sales( revenue account) by Rs 20,000.  An increase in sales is recorded by crediting the sales account.
The goods are sold to Mahesh. It is an increase in accounts receivable ( asset account). An increase in assets is recorded as a debit to the asset account.
The Journal will be as follows.
  Mahesh A/c Dr.	Rs. 30,000
    Sales A/c                                 Cr. Rs.20,000	
   
 
        
             
        
        
        
Answer:
The correct answer is:
$ -O- $1,800 (a)
Explanation:
Principal = Amount borrowed = $20,000
interest rate = 9% = 0.09
Time = 1 year
Simple Interest = Principal × Rate × Time
Simple Interest = 20,000 × 0.09 × 1 = $1,800.
Next, we are asked to show how interest expense will appear  in 2011 and 2012 income statements respectively. First note that the 2011 interest expense will be recorded as $0 because that was the year in which the money was borrowed, and it was not paid back until 2012. In 2012, the interest and principal was paid back, and from the calculation, the interest paid was $1,800. 
 
        
             
        
        
        
Where are the consequence examples? Need more context to answer this question
        
                    
             
        
        
        
Answer:
a) The debit  and credit side of the unadjusted trial balance would be increased by $ 5200.
b) The debit side would remain unchanged. No effect will be seen  in the adjusted trial balance.
Explanation:
Effect of adjustments on adjusted Trial Balance.
This first entry would increase the wages expense and increase the liability account in the adjusted trial balance. Both debit and credit side would be increased by an equal amount.
b) This would decrease the Supplies account and increase the supplies expense in the unadjusted account. As both are on the debit side there would be no effect in the debit total.
Sr No                Account                    Debit          Credit
<u>Original Entries</u>
a.               Wages Expense            5200
                       Accounts Payable                         5200
b.             Supplies Expense          1125
                         Supplies Account                          1125
<u>Correct Entries</u>
a.                  Wages Expense          5200
                           Accrued Wages Account Payable       5200
b.             Supplies Expense          1125
                         Supplies Account                          1125
<u>Difference:</u>
<u>a)</u> We see that the first entry which was original passed the debit side is correct but the credit side would have been of accrued wages instead of accounts payable . This is to raise the amount by which wages are still outstanding by an amount 5200 at the end of the month.
This would decrease the accounts payable increase the wages payable . If the adjustment is not made it the salaries payable is understated .
 
<u>b)This adjusting entry is correct.</u>
 
        
             
        
        
        
They should reinforce the desired change in the employees.
The brainest answer would be appreciated.